Karen Benoit, CPA

Controller

Karen Benoit is a dedicated and energetic financial professional with a wealth of experience in accounting, financial analysis, budgeting and strategic planning. Karen started with BL Companies in November of 1999, and has proven herself as an integral part of the organization, rising to the position of Controller and becoming a Principal in 2007. As Controller, Karen oversees financials, billing, accounts payable, accounts receivable, audits, and tax returns, demonstrating a keen ability to manage diverse financial operations.

Karen’s strong partnership with Human Resources is a key aspect of her role as Controller. She collaborates closely with HR on employee benefits, particularly in the context of the Employee Stock Ownership Plan (ESOP). Karen played a crucial role in laying the groundwork for the ESOP, working with providers and consultants to ensure its successful implementation. She takes pride in translating complex financial concepts to employees, as well as fostering a culture of growth and inclusivity within the organization.

Karen’s passion for accounting stems from her high school days when she provided statistician services for the varsity basketball team. It’s there she found a love for spreadsheets and numbers. Her journey from public to private industry reflects her desire to be deeply invested in an organization’s success rather than just conducting audits.

Throughout her time at BL Companies, Karen has been instrumental in driving continuous improvement in accounting controls, cost containment and risk mitigation. She maintains open communication with operational directors, senior management, and the Board of Directors to provide them with timely financial insights. Her expertise has also extended to external relationships, acting as a key contact with lenders, auditors, insurance agents and benefits providers.

With an unwavering belief that nothing is insurmountable, Karen Benoit approaches challenges with a determined spirit, breaking them down into manageable tasks. Her focus on efficiency, communication, and a well-integrated organizational structure has been essential in making BL Companies a successful and accountable one-stop-shop for our clients.